initial public offering
US /ɪˌnɪʃ.əl ˌpʌb.lɪk ˈɔːf.ər.ɪŋ/
UK /ɪˌnɪʃ.əl ˌpʌb.lɪk ˈɔːf.ər.ɪŋ/

1.
首次公開募股, IPO
the first sale of stock by a private company to the public
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The tech startup announced its initial public offering next month.
這家科技初創公司宣布下個月進行首次公開募股。
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Investors are eagerly awaiting the company's initial public offering.
投資者正焦急地等待該公司的首次公開募股。